Peninsula Property Report – Capel Sound November 2019

capel sound

First National Basso Peninsula Property Report

Providing you with the latest activity and pricing in the area.

Summary

Capel Sound has 14 properties available for rent and 47 properties for sale. Median property prices over the last year range from $525,000 for houses to $489,000 for units.
If you are looking for an investment property, consider houses in Capel Sound rent out for $350 PW with an annual rental yield of 3.5% and units rent for $345 PW with a rental yield of 3.7%.
Based on five years of sales, Capel Sound has seen a compound growth rate of 8.1% for houses and 7.9% for units.

Please find attached our latest Property Report on Capel Sound

Click here for our Capel Sound Property Report

Capel Sound Facts:

The size of Capel Sound is approximately 4.7 square kilometres.
It has 7 parks covering nearly 15.7% of total area.
The population of Capel Sound in 2011 was 4,580 people.
By 2016 the population was 4,947 showing a population growth of 8.0% in the area during that time.
The predominant age group in Capel Sound is 80-89 years.
Households in Capel Sound are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments.
In general, people in Capel Sound work in a trades occupation.
In 2011, 58.2% of the homes in Capel Sound were owner-occupied compared with 57.9% in 2016.

We can Help.

If you are interested in the area or would like to know more about living on the Mornington Peninsula. Please feel free to contact our office Click Here for Details.

If you are interested in the Real Estate Market and want to find out the prices of recently sold properties, you can download our FREE report HERE.

You can also review our current listings
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Paul Basso

Author Paul Basso

Established in 2000, First National Basso is a business based on transparency, honesty, personal service and trust. With a commitment to innovation, First National Basso has continually evolved and grown to become one of the longest running and most trusted real estate teams on the Mornington Peninsula.

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